Premium users can generate private keys from their own passwords

generate crypto wallet from own password

Creating Cryptocurrency Wallets from Your Password Premium

Our service allows you to create cryptocurrency wallets in two ways:

  • Standard method: Generation from random data (available to all users)
  • Premium feature: Generation from your own password (for premium users only)

Why Create a Wallet from a Password?

This unique feature offers several important advantages:

  • Recovery at any time: If you lose access to your wallet, you can always restore it by knowing only your password
  • No need to store mnemonic phrases: You don’t need to write down and store 12/24 words
  • Cross-platform access: Access the same wallet from any device with our application installed
  • Ease of use: Simply remember one strong password instead of a long mnemonic phrase

Important Warning

The security of your wallet depends entirely on the strength of your chosen password. A weak or predictable password could lead to the compromise of your funds.

How We Ensure Security

Our application uses advanced cryptographic methods to protect your assets:

  • 1,000,000 PBKDF2 iterations: A multiple hashing algorithm that makes password brute-forcing extremely slow
  • Local processing: Your password is never transmitted to a server and never leaves your device
  • Cryptographically secure transformations: For deriving private keys from your password

How to Create a Truly Strong Password

For maximum security, we recommend creating passwords with the following characteristics:

  • Length of at least 20 characters
  • Inclusion of unexpected elements (emojis, unusual symbols)
  • Breaking standard linguistic patterns
  • Phrases that are easy to remember but difficult to guess

Example of a Strong Password

Let’s examine a specific password example that provides exceptional security:

“hi, i am albion xxx online player 😂😂😂!!!!!!”

Why This Password Is So Secure

  • Length: 41 characters (including the “xxx” insertion)
  • Character diversity: Letters, spaces, punctuation marks, emojis, exclamation points
  • Pattern disruption: The “xxx” insertion breaks expected linguistic patterns
  • Use of emojis: Most hacking tools work poorly with emojis

Security Analysis

Attack Scenario Search Space Cracking Time (ASIC Farm)
Pure brute force ~100^41 combinations Effectively infinite (>10^60 years)
Dictionary-based hybrid attack ~10^18 combinations >30 billion years
Format-aware attack (if format known) ~10^11 combinations ~3,170 years

Key Security Point

Even if an attacker uses specialized cracking hardware (ASIC farms), breaking such a password would take thousands of years. This is ensured both by the password itself and our use of 1,000,000 PBKDF2 iterations, which makes each brute force attempt extremely slow.

Tips for Creating Your Own Strong Password

  1. Use unexpected insertions: Add random characters or words in the middle of a phrase
  2. Add emojis: 2-3 emojis significantly strengthen protection
  3. Avoid obvious patterns: Don’t use obvious substitutions (e.g., “@” instead of “a”)
  4. Create memorable associations: The password should be something you can recall even years later

Important!

Never use the same password for different services. Create a unique password specifically for your cryptocurrency assets.

Do not store your password digitally or in cloud services – this reduces security.

Get Access to Premium Features

Password-based wallet generation is exclusively available when you purchase Mitilena Keys. This premium feature transforms how you manage crypto assets by allowing you to generate the same wallet addresses consistently using just your password.

Available on All Platforms

Purchase Mitilena Keys on your preferred platform to unlock all premium features:

Desktop Applications
Mobile Applications

With your purchase, you’ll gain access to our full suite of premium features, including password-based wallet generation with 1,000,000 PBKDF2 iterations for maximum security. You’ll also be able to print physical “paper wallets” with addresses, private keys, and their corresponding QR codes—perfect for secure cold storage or backup purposes. Your private keys remain completely under your control, while our advanced cryptography ensures they can only be accessed with your secure password.

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